USA: Hershey sees sweet earnings increase in its Q1
The largest confectioner in the US, Hershey Foods Corp, yesterday [Thursday] reported a 10.3% increase in earnings to US$87m, or 63 cents a share, during its January-March Q1 period. The company revealed that the earnings increase was due to a slight increase in sales, up to US$988.5m from US$988m a year ago, reflecting the acquisition of a Brazilian chocolate company and improved sales of core brands such as Hershey's Kisses and Reese's peanut butter cups.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Who will buy Danone's Stonyfield business?
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Unilever buys US condiments maker Sir Kensington's
- Ice cream helps Unilever sales, food flat
- Nestle organic growth slows but beats expectations
- Suntory to offload Australia, New Zealand foods
- Dairy dampens Danone in Q1